Dear rajiprasanth,
PaisaPay dispatches money to a seller on weekly basis. however the seller can see in his My ebay account, the orders he has received via PaisaPay.
Regarding non receipt of product, I will request you to highlight your issue to the Customer helpdesk, using the following link:
http://pages.ebay.in/help/contact_inline/index.html
Warm Regards
Sapana
Community Development Team